VAPR Acquires E-Cite Motors an EV Auto Manufacturer with a Key Advantage over Others - New Corporate Direction
09 März 2022 - 1:52PM
InvestorsHub NewsWire
VAPR enters EV automobile
maunfacturing with a vey big advantage over Tesla, Polestar, Lucid,
Ford, and Jaguar.
SPRING HILL, FL -- March 9, 2022 -- InvestorsHub NewsWire --
VaporBrands International, Inc. (OTC
PINK:VAPR) www.vaporbrandsint.com announced that it has
acquired 100% of E-Cite Motors, L.L.C www.ecitemotors.com an innovative Electric
Vehicle manufacturer startup.
VAPR will put all its efforts towards the E-Cite Motors
activities and has ceased all Vape or CBD related activities in
anticipation of this opportunity, continuing to develop its unique
offerings of complete turnkey road legal vehicles. VAPR intends to
change its name to one more fitting to its new business after it
has received shareholder and regulatory approval.
Unlike competitors Tesla, Polestar, Lucid, VW, Ford, Jaguar, and
others, E-cite is not required to meet any of the safety or other
costly certifications of a traditional auto manufacturer making the
ease and timeline of offering new vehicles to market significantly
more favorable. Whereas the initial timeline to be able to deliver
a production vehicle to market generally exceeds 3 years and often
longer at a very high cost, E-Cite expects to be delivering its
first production vehicles for the 2023 model year. That is less
than 12 months from inception to the showroom.
This is possible because E-Cites vehicles qualify under the "Low
Volume Vehicle Manufacturers Act of 2015" In 2015 Congress enacted
a bill into law the directing the NHSTA to establish a program
allowing low volume motor vehicle manufacturers to produce a
limited number of vehicles annually within a regulatory system that
addresses the unique safety and financial issues associated with
limited production, and to direct the EPA to allow low volume motor
vehicle manufacturers to install engines from vehicles that have
been issued certificates of conformity. Although they were given
one year to establish this new program it took until January 2021
until the NHSTA issued a final ruling to allow low volume vehicle
manufacturing. Under the act, car manufacturers are exempt from all
the safety standards but they must meet current emissions
standards. There are no emissions standards for EV vehicles.
E-Cite Motors has developed a modular design that will be
engineered to allow the production of vehicles utilizing a
skateboard style chassis that uses hub electric motors. As the
system is fully modular this allows for configurations ranging from
low powered batteries and only a single 100hp motor on up to a high
powered 1000hp performance vehicle utilizing AWD 4 250hp
motors.
Using this modular design allows for entry level vehicles that
are fully upgradable, that can be fitted with a variety of bodies
ranging from fun affordable sportscars, utilitarian vehicles, made
from inexpensive fiberglass all the way beyond the performance
achieved by today's petrol supercars using state of the art carbon
fiber.
About VaporBrands International, dba E-Cite Motors.: www.vaporbrandsint.com www.ecitemotors.com (OTC
PK:VAPR) is a publicly traded company based Bothell that is
developing for manufacturing, state of the art electric vehicles
utilizing the latest in technologies with a flare of some of the
iconic autos of the past.
CONTACT:
VaporBrands International, Inc./E-Cite Motors
ceo@vaporbrands.com
www.vaporbrandsint.com
www.ecitemotors.com
Florence Montgomery
VaporBrands International, Inc.
ceo@vaporbrandsint.com
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